The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Wednesday, August 19, 2026, arraigned Gideon Bakpa Aghogho and Oscar Ebere Chukwuebuka before Justice F.N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos,  for  alleged unlawful supply of bank access credentials.

The defendants were arraigned alongside one Scott, who is currently at large, on an eight-count charge bordering on the unlawful supply of access credentials to a bank database.

The offences are contrary to Sections 27 and 28(1)(b) of the Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015, as amended in 2024.

One of the counts reads: “That you, GIDEON BAKPA AGHOGHO, OSCAR EBERE CHUKWUEBUKA, along with an individual identified as SCOTT (at large), conspired unlawfully between 24th and 26th July 2026 in Lagos, within the jurisdiction of this Honourable Court, by supplying for use the access code of GIDEON BAKPA AGHOGHO to the FCMB system using the local Administrative Credential (ITSD), which is capable of allowing access to the FCMB Virtual Center Platform, with the intention of committing an offence, and you thereby committed an offence contrary to Sections 27 and 28(1)(b) of the Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015, as amended in 2024, and punishable under Section 28(2) of the same Act.”

Another count alleged that Aghogho, between April and May 2025 in Lagos, knowingly and without authority disclosed access credentials, including the bank’s server IP and domain credentials, to gain access to FCMB’s database in exchange for $15,000.

The first defendant pleaded not guilty to the charges, while the second defendant pleaded guilty when the charges were read to them.

Following the first defendant’s plea, prosecution counsel, Bilkisu Buhari, asked the court for a date to commence trial and prayed that he be remanded in a correctional facility.

In respect of the second defendant, the prosecution sought to review the facts of the case against him following his guilty plea.

Justice Ogazi subsequently adjourned the matter until August 27, 2026, for a review of the facts and other proceedings. The judge also ordered that the defendants be remanded at a Correctional centre.

Following investigation into an alleged case of stealing and criminal conversion, the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Monday, August 17, 2026 recovered 2.3 million litres of Automotive Gas Oil, AGO, valued at N4.485 billion from Mamemo Ibru of Ibafon Oil and Gas.

The recovery followed a petition submitted by Prudent Energy and Services Limited, alleging that petroleum products entrusted to Ibafon Oil and Gas for storage had been unlawfully converted, resulting in a significant shortfall in the company’s stock.

The petitioner also alleged that periodic withdrawals were made from the stored products until the outstanding balance stood at 2,574,031 litres.

However, during a subsequent physical measurement and reconciliation exercise, only 206,761 litres remained in the storage tanks, leaving a deficit of 2,367,270 litres.

Investigation revealed that Ibafon Oil and Gas is involved in the purchase and sale of Automotive Gas Oil (AGO) and also stores its petroleum products at the same depot alongside products belonging to its customers.

It was further revealed that Ibru allegedly used his position as the owner of Ibafon Oil and Gas to truck out petroleum products in excess of the quantity owned by the company, thereby converting the petitioner’s products for his own use.

Following the Commission’s intervention, the suspect handed over the recovered products to the petitioner, Prudent Energy and Services Limited.

A suspect, Haruna Yusuf,  intercepted with multiple undeclared foreign currencies, ,   $73,000( Seventy Three thousand United States Dollars)  £15,957 ( Fifteen Thousand, Nine Hundred and Fifty Seven Pound Sterling) & 827,800 Saudi Riyal  intercepted by the Nigeria Customs Service,  NCS,   at the Mallam Aminu Kano International Airport,  MAKIA. Kano Zonal office is being investigated by the Directorate of the Economic and Financial Crimes Commission (EFCC).

The investigation followed  the handover  of the suspect and the undeclared currencies by the Acting Customs Area Comptroller of the Kano/Jigawa Command,  Deputy Comptroller U. U.  Adamu at the Customs Area Command in Kano.

The intercepted currencies, which exceeded the legally permitted threshold, were discovered during routine primary and secondary screenings of arriving passengers between August 8 and August 12, 2026.

The Acting Zonal Director of the EFCC,  Kano Directorate, Assistant Commander of the EFCC, ACE1 Friday S. Ebelo, received the suspect and the recovered funds on behalf of the Commission.

According to Adamu,  the Customs made two separate interceptions.
On August 8,  2026,  “at approximately 14:20 hours, officers conducting passenger screening at the baggage seat of MAKIA intercepted an unaccompanied Saudi Air luggage  containing 827,800 Saudi Riyals and $53,300. The currencies were found concealed inside a footwear.” Adamu stated.

Similarly, on  August 12, 2026 “at approximately 13:50 hours, officers of the Nigerian Custom Service also flagged a luggage belonging to one Mr. Haruna Yusuf, who arrived at MAKIA on board Ethiopian Airlines flight ET941.

During secondary screening using Non-Intrusive Inspection Technology, $20,000 USD and £15,957  were found concealed inside sportswear shoes”, he said.
Adamu thereafter formally handed over the suspect, Mr. Haruna Yusuf, alongside all recovered exhibits to Ebelo for further investigation and prosecution.   He noted that the handover was in accordance with Section 4(f) of the NCS Act 2023, which empowers the Service to collaborate with other border regulatory agencies.
Adamu further explained that,  “these interceptions demonstrate the readiness and vigilance of our officers in detecting cross-border movement of undeclared foreign currencies above the allowed threshold.  The Command will continue to deploy technology, professional expertise, and intelligence-driven measures, including inter-agency collaboration to strengthen border controls and protect the integrity of Nigeria’s financial systems.”

Receiving the suspect and exhibits on behalf of the Executive Chairman of the EFCC, Mr. Ola Olukoyede, Ebelo expressed profound gratitude to the Customs Service for its  professionalism and cooperation with EFCC officers recently deployed to the airport.

“We must sustain this vigilance at all our entry points to counter the illegal movement of currency. The failure to declare large sums of currency and its equivalent is a violation of the Money Laundering (Prevention and Prohibition) Act, 2022,” he said.
He  urged the public to comply with the law, emphasizing that declaring currency attracts no penalty, only the source of undeclared funds may raise legal concerns.

“Once more, we call on the general public: as much as we are Nigerians and we encourage trade in and out of the country, people must adhere to the laws of the land. You must declare the currency you are carrying. If you declare it, nobody will seize your currency,” he said.

Ebelo reaffirmed the EFCC’s commitment to  thorough investigations and prosecution, stating that the Commission would continue to follow the law diligently.

Both Ebelo and Adamu applauded the longstanding synergy between the EFCC and NCS which has been critical to combating financial crimes and illegal cash movement across Nigeria’s borders.